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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 532 $ 535
Short-term restricted cash and cash equivalents 817 769
Customer accounts receivable, net of allowance for doubtful accounts of $7 and $6 at June 30, 2018 and December 31, 2017, respectively 1,049 903
Margin deposits, guaranty funds and delivery contracts receivable 54,991 51,222
Prepaid expenses and other current assets 171 133
Total current assets 57,560 53,562
Property and equipment, net 1,220 1,246
Other non-current assets:    
Goodwill 12,484 12,216
Other intangible assets, net 10,223 10,269
Long-term restricted cash and cash equivalents 331 264
Other non-current assets 1,029 707
Total other non-current assets 24,067 23,456
Total assets 82,847 78,264
Current liabilities:    
Accounts payable and accrued liabilities 405 462
Section 31 fees payable 209 128
Accrued salaries and benefits 150 227
Deferred revenue 372 125
Short-term debt 2,645 1,833
Margin deposits, guaranty funds and delivery contracts payable 54,991 51,222
Other current liabilities 122 178
Total current liabilities 58,894 54,175
Non-current liabilities:    
Non-current deferred tax liability, net 2,284 2,298
Long-term debt 4,271 4,267
Long-term debt 6,916 6,100
Accrued employee benefits 235 243
Other non-current liabilities 323 296
Total non-current liabilities 7,113 7,104
Total liabilities 66,007 61,279
Commitments and contingencies
Intercontinental Exchange, Inc. stockholders’ equity:    
Preferred stock, $0.01 par value; 100 shares authorized; no shares issued or outstanding at June 30, 2018 and December 31, 2017 0 0
Common stock, $0.01 par value; 1,500 shares authorized; 603 and 600 shares issued at June 30, 2018 and December 31, 2017, respectively, and 574 and 583 shares outstanding at June 30, 2018 and December 31, 2017, respectively 6 6
Treasury stock, at cost; 29 and 17 shares at June 30, 2018 and December 31, 2017, respectively (1,911) (1,076)
Additional paid-in capital 11,477 11,392
Retained earnings 7,498 6,858
Accumulated other comprehensive loss (265) (223)
Total Intercontinental Exchange, Inc. stockholders’ equity 16,805 16,957
Non-controlling interest in consolidated subsidiaries 35 28
Total equity 16,840 16,985
Total liabilities and equity $ 82,847 $ 78,264